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Hi Christos,
Please see the
**Optimize a current stock for All quotations**
not all stocks for last quotations.
Dimitris Tsokakis
--- In amibroker@xxxx, "Christos Panayiotou" <pachris@xxxx> wrote:
> Dimitri
> take a look to the attachment please
> christos
> ----- Original Message -----
> From: Dimitris Tsokakis
> To: amibroker@xxxx
> Sent: 09 October 2001 19:23
> Subject: [amibroker] Modified RSI
>
>
> RSI is a very popular indicator and in any book or internet T/A
site
> you will read the traditional [30,70] buy-sell system.
> The result is that very few stocks fall below 30 or exceed 70.
Buyers
> try to buy when RSI drops from 35 to 30 and sellers try to sell
before
> 70. If you see ^NDX graph the last two years, RSI was not out of
the [30,70]
> zone, except the last September irregular period.
> I tried to build up a system with RSI ans I applied the moving
buy-sell level
> method, already exposed in # 5161 message.
> RSI was a little noisy, especially around the medium levels, so I
smoothed it
> by a 3-day average. Through optimization I search the best
combination for
> days X1, Dbuy and Dsell around the average value of RSI.
> (I found better results using AVRSI=ma(RSI,50) instead of ma100
used in
> stochastic. I have not optimized average days yet).
> Some interesting results:
> a] At least I found a way to use RSI.
> b] In many examples I had 5 trades, 5 winners, 0 losers or 7
trades, 6 winners,
> 1 looser
> c] Comparison with traditional [30,70] system is out of topic for
many stocks
> which do not trade anymore out of [30,70] band
> d] Days in the market are reduced to reasonable time intervals.
> e] Delays are insignificant.
>
> So, in Automatic Analysis paste the
>
> /*Modified RSI variable buy-sell levels*/
> X1=Optimize("X1",10,10,20,1);
> Dbuy=Optimize("Dbuy",10,0,20,1);
> Dsell=Optimize("Dsell",10,0,20,1);
> s1=MA(RSI(X1),3);
> AVRSI=MA(s1,50);
> Buy = Cross( s1,AVRSI-DBuy);
> Sell = Cross( AVRSI+Dsell,s1);
>
> Optimize a current stock for All quotations.
>
> In indicator Builder, paste the following formula,
> replacing X1, Dbuy, Dsell with the results of optimization.
>
> /*Modified RSI variable buy-sell levels Graph*/
> X1=20;
> Dbuy=3;
> Dsell=11;
> MaxGraph=12;
> s1=MA(RSI(X1),3);
> Graph0=s1;
> AVRSI=MA(s1,50);
> Graph9=AVRSI-Dbuy;
> Graph10=AVRSI+Dsell;
> Graph8=AVRSI;
> Graph8Style=8;
> Graph8BarColor=2;
> Graph9Style=Graph10Style=8;
> Graph9BarColor=Graph10BarColor=1;
>
> Try it. For some stocks it is nice.
> Dimitris Tsokakis
>
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